Director of Asset Management

This role is ideal for a strategic and analytical real estate professional with deep multifamily experience and a proven ability to improve asset performance across market-rate, workforce and mixed-income communities.

• Lead the strategic and day-to-day asset management of a multifamily portfolio, developing and executing business plans that drive NOI growth, maximize asset value, and achieve investment objectives.
• Monitor property performance through detailed analysis of financial statements, operating metrics, budgets, forecasts, occupancy trends, leasing activity, and market conditions, providing actionable recommendations to senior leadership.
• Partner closely with property management, development, construction, acquisitions, accounting, and finance teams to optimize operational performance, improve efficiencies, and execute value-add initiatives.
• Oversee annual budgeting, forecasting, capital planning, and financial modeling processes while ensuring portfolio performance aligns with underwriting assumptions and ownership goals.
• Manage capital improvement programs, renovations, refinancing efforts, recapitalizations, and disposition strategies, evaluating investment returns and ensuring projects are executed on budget and within targeted timelines.
• Prepare and present asset performance reports, investment analyses, and strategic recommendations to executive leadership, investors, lenders, and joint venture partners.
• Ensure compliance with loan agreements, partnership requirements, and investor reporting obligations while maintaining strong relationships with key stakeholders.
• Mentor and develop asset management team members, establish best practices, and contribute to the overall growth and strategic direction of the organization.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.